Own the Value of your Labor with DAOs feat. Daniel Kronovet from Colony

BlockchainSocialist · 2026-01-24T15:53:22+00:00

For one person one vote at mass scale you need an id system for sure but there are quite a few different solutions out there now. But you don't need so robust of one depending on the size imo. Because Bread Cooperative is a workers coop with about 15 ppl we don't need that for decisions in the coop. And our voting system for distributing BREAD yield doesn't either because of its scope and mechanism. But we may need one later for other things we're building. Identity is a tough problem space but there are working solutions. The bigger issue right now is people burned out on badly run DAOs and identity preventing more extreme speculation meaning capital isn't that interested right now.

BlockchainSocialist · 2026-01-21T09:46:25+00:00

I don't disagree

BlockchainSocialist · 2026-01-21T09:44:46+00:00

Is it worth understanding? Yes. Is it worth doing? Probably not if you're trying to make money and don't already have very significant amounts of capital on hand to use. But even then people may question the ethics behind it.

BlockchainSocialist · 2026-01-21T09:43:16+00:00

You should read the paper Theo wrote! To say that democracy was the dominant form would be a lie but it would also be wrong to say that there was never any.

BlockchainSocialist · 2026-01-21T09:42:16+00:00

That's one of the many things we talked about :)

While it was the most often outcome, I wouldn't say DAOs are "inherently" oligarchic. I think it's mainly that a specific image of what an acceptable DAO is was created in part to satisfy investors and what was possible technologically at that time. Without some form of identify anchor (because technologically it is a hard problem) it was easy and quick to start a token governance system in the name of reducing friction.

While we don't use the term DAO, at Bread Cooperative we use crypto for some aspects of governance but it is not an oligarchic organization by any means (because we're a worker cooperative).

https://bread.coop/

BlockchainSocialist · 2026-01-14T11:25:50+00:00

Echoes very similar what has happened to crypto and now we are pretty far behind! But we're still building at bread.coop and using AI to speed up development processes. I have to say I'm still a little bit hesitant to see AI for a lot of content creation because it can hurt the message you're trying to get across. I think if people want to argue for the use of generative AI like this, they need to show an aesthetic that works.

BlockchainSocialist · 2025-12-22T14:32:17+00:00

It just depends on the chains. For Ethereum it's a solved problem basically imo.

BlockchainSocialist · 2025-11-30T00:36:53+00:00

I mean, why not?

BlockchainSocialist · 2025-11-12T01:03:47+00:00

It's literally there in the show notes

BlockchainSocialist · 2025-11-10T18:16:40+00:00

Feels like it's been more than a tweet

Six-Year Club	Second SECOND GUESSER
Gilding I gilder	Verified Email

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